Mark has the following sources of income and deductions for the 2020 taxation year:

Gross employment income $175,000

Federal income tax withheld at source 20,000

CPP contributions withheld at source 2,898

EI premiums withheld at source 856

Eligible medical expenses 10,000

Tuition fees paid for child 8,000

Taxable capital gains realised during the year 90,000

Allowable capital losses suffered during the year 20,000

Eligible moving expenses 2,000

Business loss suffered during the year 205,000

What is Marks Net Income for Tax Purposes?

A. $146,254

B. None of the choices shown

C. $175,000

D. $38,000

E. $198,754

F. -$3,754

G. NIL

H. $3,000